Legend Capital and Tiger Global Management have led a US$129 million series C round in Shanghai-based industrial products e-commerce platform Zhenkunhang, according to an announcement on its official WeChat account. Shell (China) Ltd., Oriza Holdings and existing investors including Matrix Partners China and Eastern Bell Venture Capital, also participated in the round. Founded in 1996, Zhenkunhang is an e-commerce platform focusing on industrial products, providing maintenance, repair and operation(MRO) tools and consumables. It offers one-stop MRO purchasing and management services. …

Legend Capital, Tiger Global Management Co-lead $129M Series C Round In Industrial Products E-Commerce Platform Zhenkunhang appeared first on China Money Network.